Discover George Akerlof's pioneering work in economics, including his Nobel-winning analysis of asymmetric information and influential theories in market dynamics.

Providing patients with access to their own information and reasserting the primacy of the physician-patient relationship can reverse the "information asymmetry" that favors big healthcare ...

Experts say teams operating with incomplete or uneven information are more susceptible to risk, compliance gaps and ...

In fast-paced environments with high stakes, emergency physicians have to quickly make the best decisions possible with imperfect or incomplete information. Under the circumstances, this information ...

Consumer-centric healthcare has been extolled as the centerpiece of a new model for managing both quality and price. However, information asymmetry in consumer-directed health plans (CDHPs) is a ...

As the familiar adage goes, information is power, and those who have it hold sway over those who do not. Such a scenario is best demonstrated by information asymmetry, whereby one party in a ...

Security tokens provide many benefits to underlying assets, the most important of which is liquidity. However, liquidity doesn’t just happen because you build the technology to tokenize assets and the ...

An icon in the shape of a lightning bolt. Impact Link A fundamental principle underlying modern capital markets is the concept of a level playing field. In October 2000, the SEC implemented Regulation ...

“An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.” My old priest friend from Laguna Beach, Father Bob, would have referred to this as a ...

In contract theory and economics, Information Asymmetry deals with the study of decisions in transactions where one party in a transaction is in possession of more information than the other.